But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds.
After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.
Objective analysis, and some not very difficult math, indicates there is no physical need, economic justification, environmental acceptability, or social licence for either the Keystone XL or Northern Gateway pipeline proposals.
Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.
The company says each of its six mines will be shut down for three weeks in the third quarter.
As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.
Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.
This is first time Romania grants a mining license without the involvement of a state-owned enterprise.
China needs supply for its 22 operating reactors and the other 24 currently are under construction.
Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.
The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.
Pasloski talks about some companies advancing their projects in one of the world's top mining jurisdictions.
Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
With the acquisition Evolution Mining will become Australia's second largest gold producer.
"I sort of approach it with some tepid enthusiasm from what I can see. We are hopefully going to see a couple of mining projects–predominantly in eastern Canada–that will come to fruition in the next quarter."
A fast-moving wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities representing over 7 percent of Alberta's oil production.
Analysts believe Cowal mine may be worth at least $400 million, and that Barrick would likely get as much as $1.1 billion from the sale of both, the New South Wales' mine and Papua New Guinea’s Porgera.
More than 200 local Aboriginal students started the school week off with a special boost thanks to new educational technology donated by PotashCorp and One Laptop per Child (OLPC) Canada.
On May 20, 2015, the Company signed a credit agreement with a syndicate of international banks for a new Revolving Credit Facility (the "New RCF") for an aggregate amount of $350 million.
Legacy will be the first new potash mine built in Canada's Saskatchewan in the last 40 years.
The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.
While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.
Nautilus Minerals Inc. is pleased to announce it has been named to the 2015 OTCQX® Best 50, a ranking of 50 top performing companies traded on the OTCQX Best Marketplace last year.
More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.
Once again Asia drove demand, with China and India alone accounting for 54% of the total.
The company's ambitions to create most productive gold mine in Brazil plagued by health risks and threats to activists and opponents.
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